Latitude: 9.9333333000 Longitude: -67.5333333000
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Cartanal, Venezuela
Some random facts about Venezuela |
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| Oil - proved reserves: | 75.27 billion bbl (2006 est.) |
| A New Term and New Administration | President Chávez was re-elected by an overwhelming majority (63%) in the December 3, 2006, presidential elections. He defeated Zulia Governor Manuel Rosales, whose Un Nuevo Tiempo (UNT) party formed an alliance with several key opposition parties. Though international observers found no evidence of fraud on election day, they did note concerns over abuse of government resources used to support the Chávez campaign, voter intimidation tactics, and manipulation of the electoral registry. In January 2007, President Chávez named a new Vice President (the former head of the CNE) and cabinet, drawing largely from deputies of the National Assembly. Chávez announced a renewed effort to implement his vision of "21st Century Socialism" in Venezuela. He asked the National Assembly to grant him special constitutional powers via an "enabling law" to rule by decree over a broad range of society and subsequently received those powers for a term of 18 months. He also took major steps to nationalize the telecommunications and electricity sectors, as well as to finalize a majority government share in many oil projects, all sectors with significant foreign investments. On August 15, 2007, President Chávez proposed a package of reforms to his own 1999 Constitution, including measures that would have allowed indefinite presidential re-election, a reorganization of the geographic boundaries of government, and a redefinition of private property. On December 2, 2007, the proposed reforms were narrowly defeated in a public referendum after student groups, traditional opposition leaders, and former Chávez allies urged Venezuelans to reject the package. The vote was the first electoral loss for President Chávez since he assumed office and was viewed by many as a rebuke of his efforts to consolidate greater power in the executive office. President Chavez has since signaled his intent to pass many of the changes defeated in the referendum by presidential decree. Gubernatorial and mayoral elections are scheduled to be held in November 2008. |
| Labor and Infrastructure | Official unemployment statistics registered 10.2% unemployment in January 2008. Unofficial estimates are significantly higher. The public sector employs about 13% of the work force, while less than 1% work in the capital-intensive oil industry. About 18% of the labor force is unionized, and unions are particularly strong in the petroleum and public sectors. The "informal" sector accounts for some 45% of the work force, or 5.5 million people. Labor unions allege the government repeatedly violates International Labor Organization (ILO) agreements on freedom of association and the right to organize and bargain collectively. Specifically, the Constitution and laws permit undue influence in the internal elections of unions. The government has told the ILO it will correct the problem; draft legislation remains pending in the National Assembly. Venezuela has an extensive road system. With the exception of air service, transportation has failed to keep pace with the country's needs. Much of the infrastructure suffers from inadequate maintenance. Caracas has a modern subway but only one functioning rail line serves the rest of the country. |
| Imports - partners: | US 31.6%, Colombia 11%, Brazil 9.1%, Mexico 6.9% (2005) |
| Internet users: | 3.04 million (2005) |
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